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The Asian Development Bank (ADB) is investing $50 million (Rs. 344 crore) in solar energy company Avaada Energy Pvt. Ltd.
AZB & Partners acted for ADB and the team was led by Delhi Partners Gautam Saha and Heena Singh along with Associate Nikhil Bahl.
Indian Law Partners (ILP) advised Avaada Energy and the team was led by Partners Gopika Pant and Vineet Gupta, Senior Associate Abhimanyu Kaul and Associate Ira Swain.